LEAD STORY
China’s prolonged suspension of US LNG unravels global trade flows
Written by AJ KotzeGlobal LNG trade flows – both spot cargoes and term deliveries – have to adapt to China’s adamant stance towards US LNG imports: Policymakers in Beijing mandated China’s state-dominated energy companies to stop importing US LNG imports since early February, with no easing in sight. The lost Chinese demand is forecast to slash the quarterly revenue of American LNG exporters by up to $3.8 billion, while oversupplied gas markets drive down prices in Asia as well as at the US Henry Hub; our Correspondent Anja Karl investigates.
EU targets 2027 to end Russian LNG imports – Can new supply and policy fill the gap?
Written by AJ KotzeThe European Union is preparing to sever its reliance on Russian natural gas completely by 2027 in a landmark policy shift spurred by the war in Ukraine. Our Market Editor Dr Alexander Wilk has more.
Also in this issue
Global LNG flows ease in May despite year-on-year growth
Written by AJ KotzeGlobal LNG exports fell 4 percent month-on-month but remained 2 percent higher year-on-year, whilst demand remained broadly steady, our Market Editor Dr Alexander Wilk reports.
INTERVIEW: TGE discusses LNG sector challenges and opportunities
Written by AJ KotzeLNG Journal sat down with Markus Ecker, the Chief Operations Officer (COO) at TGE Gas Engineering, to gain insights into his current outlook for the LNG sector as well as the challenges and opportunities in the energy transition more broadly.
Securing LNG shipping in the age of the ‘shadow fleet’
Written by AJ KotzeThe UK government is preparing a major escalation in its response to Russia’s sanctions evasions tactics, announcing action against up to 100 vessels in Putin’s so called ‘shadow fleet’.
As usage of LNG has grown over the last five years, the need for new fuelling infrastructure has become paramount. Yet, significant challenges remain in managing this transition. Fuelling Editor Malcolm Ramsay has more.
A round-up of latest events, company and industry news
Written by AJ KotzeADNOC: ADNOC’s investment vehicle, XRG has completed the acquisition of Galp's 10% interest in the Area 4 concession at Mozambique's Rovuma Basin.
This investment, XRG's first in the country, reflects the company's goal of building a world-scale, integrated gas portfolio to meet growing global demand while fostering a smarter, cleaner and more sustainable energy future, the company said.
